This time for meme coin? - page 13. | Bitcointalksearch.org

Husires

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Quote from: Jocuserious on July 16, 2023, 12:45:28 PM

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

What is the basis on which these currencies are based to achieve success, which will be reflected in an increase in the price? They all depend on that they will be an alternative to DOGECOIN. However, all that is presented is a currency that has the name MEMECOIN, but its design is not much different from any other digital currency, and therefore these currencies Closer to pumping/dumping projects, where it depends on a distinguished name, a distinguished event, a large liquidity is pumped to increase the price, and suddenly everything disappears.

Trying to invest here is closer to those who try to buy a special number card, thinking that it will make them win the lottery.

Kelvinid

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Quote from: Jocuserious on July 16, 2023, 12:45:28 PM

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

I could say yes as it draws too much attention and makes their price grow up which can be expected. However, it wasn't like we think that the market is reliant on that particular situation, yet their participation had contributed a lot. That is why I could say that this year is for meme coins but I wasn't thinking that it will become sustainable, maybe we could witness another project soar high next year. In fact, as we can see before from ICO projects, IEO, and NFT, now we are in meme's time. And all of them have a huge impact in the market.

yhiaali3

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Of course it's a risk, as everyone pointed out, it's a big risk, but it could be a big opportunity at the same time.

Although I do not trust meme projects, the time is now for meme projects. It is true that many of them fail and have no value, but some of them may succeed and achieve x 100 or more.

So if you like risk you can gamble with a little money and wait for the opportunity.

QueenVera

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Quote from: Jocuserious on July 16, 2023, 12:45:28 PM

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

New meme coins are coming out because we're closer to the bull market and scammers are looking to deceive investors into investing in there scam projects so they can defraud new investors thinking they can make profits from investing in meme project and hoping they become as successful as Shiba Inu, and the most recent which is Pepecoin has succeeded in the market.
Memecoins investment are very risky and shoudn't be done if you're still very new to the market because you won't be able to differentiate between the legitimate memecoins to the scam ones. They both look similar but if you have experiment you can tell when a project isn't legit. They have so many too good to be true behavior like promising high return on investment.
Next bull market will be full of memecoins and it'll be the focus of investors that's why exchanges are listing memecoins all of a sudden because they're expecting big traffic of customers to be interested in them and that's going to make them big profits from trading fees. We haven't had a memecoin bull run yet as we did with defi, Metaverse and other trends in previous bull market.

Xal0lex

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Quote from: Mpamaegbu on July 18, 2023, 03:18:55 AM

However, let me quickly add that as we approach Bitcoin halving year there are going to be more scam and shitty projects that will hit the market to catch unguarded investors unawares. Bull run is that period when almost anything in the name of a project is embraced. People should be careful.

Coin categories such as memcoins will always appear in huge quantities, regardless of the approaching halving, market trend, or the presence of any particular altcoin season or season of any particular coins. It's all about the very nature of memcoins. They are as cheap as possible to create and for their promotion there is no need to create any product, ecosystem or try to endow this cryptocurrency with any utilitarian properties. That's why memcoins will always appear, every day, every hour.

Yatsan

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Quote from: Jocuserious on July 16, 2023, 12:45:28 PM

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

There are new meme projects 'coz the recent two have made huge impression and developers are just wanting to take advantage of that. Is it risky to invest with memetokens? if it is for long term holding then yes. As we all know meme tokens has no utility to create and sustain its demand and price as well. Based on my experience this token category is only good for short term investment in particular with its release to the public and after a few weeks price drops drastically. Even bullruns cannot push its market prices up 100% unless majority feels like it or whales had the idea to do so nd manipulate the market.

Silberman

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Quote from: Jocuserious on July 16, 2023, 12:45:28 PM

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

I did not know that many meme coins were being released right now, and I can assure you that a great deal of the members of the forum did not knew either as they are not interested at all in those coins and as such they do not keep themselves updated about those coins, and about their effects on the upcoming bull market, I do not think they have any influence at all, make no mistake the developers behind those coins are the ones trying to use the bull market so their coins go up in value, not the other way around.

Mpamaegbu

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Quote from: Jocuserious on July 16, 2023, 12:45:28 PM

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

Like LogitechMouse said, meme coins aren't just risky but very very very risky, (their own words). I think so too though with one "very" for appropriateness 🤔. If anyone wants to invest in memecoins/tokens they should have it at the back of their mind of the potential risks all carry. We've premium tears from those who invested in memecoins following the successful outing of Shiba Inu. These ones concluded that since Shib had a good run, whatever other meme they invest in will equally do well. That's erroneous.

However, let me quickly add that as we approach Bitcoin halving year there are going to be more scam and shitty projects that will hit the market to catch unguarded investors unawares. Bull run is that period when almost anything in the name of a project is embraced. People should be careful.

shinratensei_

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Quote from: Mehedi72 on July 17, 2023, 05:14:28 PM

Memecoins are always risky to buy, no matter what memecoin it is! Memecoin means a fun coin that doesn’t give you any guarantee for Secure investment. Just useless shitcoins! First shitcoin used to came in market with Concept, no matter how concept were but now memecoin already tell you that, I'm shitcoin! So why Should i invest. And bull run? It need a lots of time From now, till then all of those new memecoin will dead, i guess

exactly thats what many people should be thinking about when they invest in meme coin in general, its falls under the category of meme coin and shitcoin for reasons not because its gain is so great but because the chance of it gonna makes you lose your money is far higher than the other.
but then again if someone wanna speculate then feel free to speculate, the only thing though with meme coin is that it general heavily manipulated, anyone with right mind definitely gonna refrain from investing in those coins.
knowing it being manipulated your odd of winning definitely less than 10% which is not worth it at all if you think about it.

Quidat

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Quote from: Jocuserious on July 16, 2023, 12:45:28 PM

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

We do have that known season;

Memecoin season
Altcoin Season
Overall Bull run Season
Overall bearish run Season

There's really a time that this market is flooded out by lots of memecoins and usually these things could be seen on
Poocoin,dexview,dexscreener or other dexe's out there on which once in a while on which new coins been posted and been launched which most of them are shit.
If you are really that tending to dive with meme coin craze then its up to your risk taking but be careful because the chance on getting or hitting a gem
or something that would pump is really that very less.

I have a devastating kind of experience when it comes to meme coins.Yes, i do make out some money but lose up huge too if you are really that
careless on picking one.

kevindjunaidi

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Quote from: Jocuserious on July 16, 2023, 12:45:28 PM

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

of course it is very risky to invest in meme coin and I don't think all meme coin will increase very high during a bull market, so I suggest you don't invest all your money in meme coin, because there is a possibility that your money will be lost it can really happen, therefore if you want to invest in meme coin, then you can invest a maximum of 20% of your portfolio and I advise you to invest in meme coin which are popular and have high trading volume (my recommendation is Dogecoin).

Mehedi72

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Memecoins are always risky to buy, no matter what memecoin it is! Memecoin means a fun coin that doesn’t give you any guarantee for Secure investment. Just useless shitcoins! First shitcoin used to came in market with Concept, no matter how concept were but now memecoin already tell you that, I'm shitcoin! So why Should i invest. And bull run? It need a lots of time From now, till then all of those new memecoin will dead, i guess

cute nmp

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Not a fan of meme coins at all I think there are a very risky investment although many have made millions from it. I personally prefer investing in good project with a solid concept and team thought it may not bring in as much profits as meme coins.

TheSpiral

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Quote from: Jocuserious on July 16, 2023, 12:45:28 PM

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

memecoin is very risky and its not for everyone. most of the time these coins have lot of shilling contests and you will see every social platform will be full promotion of these shit coins having no usecase. Newbies often taking interest in meme coins with thinking of becoming rich.

These memes coins has very bad effect on crypto market and long term holder when see short profit they sell their good coins and invest in these memecoin and most of time these meme coins rugpull and newbie stop investing in crypto with thinking that crypto is scam.

riskarcher

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Meme coin is the real high risk high return, but mostly many meme coin is very high risk. I was avoid these coin for long time ago after bearish market, my meme coin has been going to be dust and it's make me disspointed with these coin, never trust with meme coin whose developers hold so many memecoins because it will definitely be a coin scam and so manipulative. This not the right time for meme coins, i'm swear. Don't be FOMO for a temporary hype such pepe coin

Jocuserious

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Quote from: disconnectme on July 17, 2023, 12:12:11 PM

Investing in Meme coins is very risky, for you to pick a winner you need to be lucky, from every 100 tokens maybe 1 will make it to $10 million market cap. I don't tell people not to invest into Memes but do not marry your bag, take profit along the way. Pepe is the most successful Meme tokens this year but there have been 1000's of these tokens created this year that have failed, just measured your risk

Hm it is true that very few meme coin have success but now meme coin is more seen in the market as a new project. I think it is really harmful and especially those who are new investors. You can research that now many bounty managers are also promoting meme coin projects.

disconnectme

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Investing in Meme coins is very risky, for you to pick a winner you need to be lucky, from every 100 tokens maybe 1 will make it to $10 million market cap. I don't tell people not to invest into Memes but do not marry your bag, take profit along the way. Pepe is the most successful Meme tokens this year but there have been 1000's of these tokens created this year that have failed, just measured your risk

Xal0lex

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How tired of these garbage, horrible, useless, memcoins that only create problems and inconvenience for ordinary crypto users by increasing commissions in the main networks. All these memcoins are one big scam, which is designed to quickly enrich their creators. This is long overdue to be realized. 99% of crypto users will surely lose money on these memcoins. Maybe they will be lucky the first time they buy a memcoin, but the second time they will definitely lose their money. Memcoins are akin to gambling.

makishart

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Quote from: Jocuserious on July 16, 2023, 12:45:28 PM

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

Im thinking if it's really risky. The fact that only a few of them are legit while almost all of meme tokens in the market are scam token. Can you still able to call it as a non risky token? Meme token posses the biggest risk in the crypto. There's no roadmap, anon team, scam function being placed in the smartcontract and many more. The only stupid people who are gonna try to buy it from the market once there are so many legit tokens in the market.

Meme token has no impact to the bull market. Otherwise meme token is just only a pleague for the bullish trend. So many scam tokens being created for the scamming purpose. That was only giving bad image to the crypto.
I think that if you are trying to analyze it carefully and you will know if meme token will never give good impact to the crypto ecosystem.

It's only ruining people's life.

ultrloa

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Quote from: Jocuserious on July 16, 2023, 12:45:28 PM

You probably know that almost all new meme projects are coming out now. Do you think it is really risky? what effect do you think this could have for the bull market!

Meme coin is always risky for the fact that to many of those created token are just for scam so you need to be careful on your investment and don't expect to much since that's what scam devs like since they want you to hold while them are dumping.

If we talk about effect well nothing really since the market of meme coin is not so huge and even though the hype is growing then maybe scamming is happening still it cannot affect the market as a whole.

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